Made İn Türkiye September 2022

Economic Newspaper September
2 Please mention
2022
“Made in Türkiye” when writing to advertisers
Mehmet Soztutan
Editor-in-Chief
Letter From
The Editor
We are at
WorldFood Istanbul
As noted by the officials of the
event, The International food
exhibition, WorldFood Istanbul
has turned out to be an effective
tool for increasing sales, promoting
products and attracting new
clients by making direct contact
with a large number of representatives
from retail chains and
wholesale businesses interested
in purchasing food products.
As known, Made in Türkiye, being
the oldest of our publications,
conveys the messages of
the Turkish exporters for years
by participating in a series of international
fairs and exhibitions.
This month, we participate in
WorldFood Istanbul to convey
the message of Turkish business
people in an efficient manner.
Due to its rich plant variety, Turkey
is one of the countries best
suited for organic cultivation.
Today, nearly 250 kinds of agricultural
products are organically
produced efficiently.
Nowadays consumers are becoming
increasingly interested
in environmentally sound products,
as a result of continuously
expanding awareness. Thus, the
desire for healthy life has oriented
consumers toward healthy
food and organic agricultural
products
It should also be noted that the
disruptions to the global economy
during the pandemic have upset
cross-continent supply chains
while leading some global giants
to move their production to Turkey,
a major alternative to China
in terms of quality production,
logistics infrastructure and incentive
system. This trend is likely
to continue with the country
attracting more investors from
Europe.
Turkey’s own emerging potential
and its market attractiveness
arise mainly from the sustainable
growth and development path
launched by the Government.
For this reason, Turkey closely
monitors developments in global
economy and implement policies
in line with its medium-term
economic program.
The Government focuses on policies
to increase private sector’s
investments, direct international
investments and exports. Nevertheless,
it is hard to keep its competitive
position in the world
market full of emerging players.
Thus, manufacturers have shifted
their operations to value-added
products and brand names more
than ever. Currently, many of
Turkish manufacturers have their
own designs and brands in international
markets.
We wish Turkish business people
and their trading partners lucrative
trade.
Business is business…
Food
Turkey’s food industry has recorded
a steady growth in recent years, with
the Turkish consumers becoming
increasingly demanding, driven by
the multitude of choices offered by
mass grocery retail outlets. Rising
disposable income and changing
consumption patterns, along with the
increase in the number of persons
in full-time employment, have all led
to an increase in interest as regards
packaged and processed food, such
as ready-to-eat meals and frozen
food. As the sector is getting more
sophisticated, Turkey is becoming
one of the largest markets for baked
goods with its bread.
N.Brown/ New York
How to prioritize human
life?
The reduction in business activity is
necessary to prioritize human life. We
need to know the true infection and
asymptomatic rates before deciding
on local lockdowns.
Abandoning severe lockdowns a time
when the likelihood of a resurgence
in infections remains high will lead to
greater total economic damage than
sustaining the lockdowns to eliminate
the resurgence risk.
Now, borders suddenly do matter,
as countries hold on tightly to face
masks and medical equipment, and
struggle to source supplies. The
coronavirus crisis has been a
powerful reminder that the basic
political and economic unit is still the
nation-state.
H. Trun/ Berlin
Letters to
The Editor
We were short-sighted
To build our seemingly efficient
supply chains, we searched the
world over for the lowest-cost
producer of every link in the
chain. But we were short-sighted,
constructing a system that is
plainly not resilient, insufficiently
diversified, and vulnerable
to interruptions. Just-in-time
production and distribution,
with low or no inventories, may
be capable enough of absorbing
small problems, but we have now
seen the system crushed by an
unexpected disturbance.
So long as this is the case, countries
will have to strive for a better
balance between taking advantage
of globalization and a necessary
degree of self-reliance.
G.Raft/ Paris
The lesson of crisis
We should have learned the
lesson of resilience from the 2008
financial crisis. We had produced an
interconnected financial system that
seemed efficient and was perhaps
good at absorbing small shocks, but
it was systemically fragile. If not for
massive government bailouts, the
system would have collapsed as the
real estate bubble popped. Evidently,
that lesson went right over our
heads. The economic system we
construct after this pandemic will
have to be less shortsighted, more
resilient, and more sensitive to the
fact that economic globalization has
far outpaced political globalization.
D. Forester/ Istanbul
Responsible Editor:
Mehmet Söztutan
(mehmet.soztutan@img.com.tr)
Editors:
Assoc. Prof. Mehmet Ali Özbudun
Ayça Sarıoğlu
Dilara CİCA
Correspondent:
İsmail Çakır
(ismail.cakir@img.com.tr)
Marketing Manager:
Recep Arslantaş
(recep.arslantas@img.com.tr)
Arts Director:
Tolga Çakmaklı
(tolga.cakmakli@img.com.tr)
Subscription:
Ismail Özçelik
(ismail.ozcelik@img.com.tr)
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